Bakkt Bitcoin Futures to Start Trading in December
Intercontinental Commerce has launched that its Bakkt Bitcoin Every day Futures Contract will start shopping for and promoting on Dec. 12. Each commerce “will final result in bodily delivered bitcoin” and may commerce in U.S. dollar phrases, the company outlined, together with that one contract shall be listed for getting and promoting each commerce enterprise day.
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Date Set for Bakkt Bitcoin Futures
Intercontinental Commerce Inc. (ICE) launched on Monday that its U.S.-based futures commerce, ICE Futures U.S. Inc., “will report the model new Bakkt Bitcoin (USD) Every day Futures Contract for getting and promoting on Wednesday, December 12, 2018.” The company elaborated:
The Bakkt Bitcoin (USD) Every day Futures Contract is a physically-settled daily futures contract for bitcoin held in Bakkt LLC, ICE’s digital asset warehouse, and shall be cleared by ICE Clear US Inc.
The company continued to component, “Each futures contract…